The stalled US-Iran talks heighten geopolitical tensions, impacting global oil 
markets and increasing uncertainty in diplomatic relations.
The post US-Iran talks stall, Hormuz blockade resolution unlikely by May 31 
appeared first on Crypto Briefing.

US-Iran talks stall, Hormuz blockade resolution unlikely by May 31

Bitcoin is holding above $76,000 as the market tests resistance, and bulls 
attempt to build the momentum needed for the next leg higher. The price is 
constructive. The order book above it is not cooperating. Data from CoinGlass 
shows that the sell wall between $80,500 and $82,000 has been in place for 
over 24 hours. The orders are large, evenly spaced at approximately $3.3 
million intervals, and they have not moved. In order book analysis, that 
combination — scale, spacing, and persistence — is the fingerprint of 
deliberate placement rather than coincidental accumulation. Spoofs disappear 
within minutes. This wall has survived a full trading day and is still there. 
Related Reading: Crypto Traders Just Moved $100 Billion In Gold Volume: Find 
Out What Is Driving The Rush The picture below shows that the current price 
adds a layer of complexity to the straightforward bearish reading of the 
supply overhead. Bids are stacking meaningfully around $76,800 and throughout 
the $75,000 to $76,000 zone — a demand cluster building beneath Bitcoin, at 
the same time, a supply cluster is holding firm above it. The market is being 
compressed from both directions simultaneously. That compression is the setup 
that defines the current moment. A wall of persistent selling above. A cushion 
of building demand below. Bitcoin caught between them, holding $76,000, with 
the next decisive move depending entirely on which side of the order book 
proves stronger when the pressure resolves. The Wall Has Not Moved. That Is 
the Point The CoinGlass analysis cuts through the most common objection to 
reading persistent order book levels as meaningful signals. Individual orders 
can be pulled, replaced, or refreshed at any moment — that is the nature of a 
dynamic order book, and it means no single order should be treated as a 
commitment. That is not what makes the current setup significant. What makes 
it significant is the zone itself. The $80,500 to $82,000 range has remained 
consistently occupied by large, evenly spaced sell orders for over 24 hours — 
not because the same orders have been sitting untouched, but because whatever 
orders were removed have been replaced by orders of similar size in similar 
positions. The zone is being actively maintained. Someone, or multiple 
coordinated participants, is ensuring that a visible supply continues to exist 
in this specific area, regardless of what happens to the individual orders 
within it. That distinction matters enormously for how the current resistance 
should be interpreted. A cluster of orders that appears once and disappears is 
noise — it could be a spoof, a momentary imbalance, or a participant who 
changed their mind. A zone that remains consistently populated over an 
extended period is a statement. It reflects participants who want that supply 
to be visible, who want the market to know that selling interest exists at 
those levels, and who are willing to maintain that appearance through a full 
trading day and beyond. The question the data cannot answer — and the one the 
article must address — is why. Control, defense, pressure, or a test of real 
demand. The wall is real. The motivation behind it is what determines how the 
next move resolves. Related Reading: Binance Ethereum Supply Hits 2020 Levels 
While Staking Locks A Third: Repricing Ahead? Bitcoin Holds Above Reclaimed 
Range as Resistance Approaches Bitcoin is trading near $77,500 on the daily 
chart, maintaining strength after reclaiming the $74,000–$75,000 range that 
previously acted as resistance. That zone now functions as support, and the 
structure since early April shows a clear shift: higher highs and higher lows 
have replaced the choppy, directionless behavior seen through March. The 
recovery from the February capitulation near $62,000 was aggressive, supported 
by a strong volume spike that marked a clear exhaustion of sellers. Since 
then, volume has normalized, but price has continued to grind higher — a 
constructive sign that demand remains present even without panic-driven flows. 
Related Reading: XRP’s Recovery Is Real, But The Risk Appetite Behind It Is 
Still Broken – Analyst Technically, Bitcoin is now pressing into the 
$78,000–$80,000 region, where previous breakdowns occurred and where the 
100-day moving average is beginning to flatten overhead. The 200-day moving 
average sits lower, around the reclaimed range, reinforcing the $74,000 area 
as a key structural support. Momentum is positive but slowing. The recent 
candles show smaller bodies and wicks on both sides, indicating hesitation as 
the price approaches resistance. If Bitcoin consolidates above $74,000, the 
structure supports a breakout attempt toward $82,000. Losing that level would 
weaken the trend and risk a move back into the prior range. Featured image 
from ChatGPT, chart from TradingView.com

Bitcoin Large Players Have Built A Sell Wall At $80.5K–$82K – Spoofing Or Structural Supply?

Increased diplomatic engagement with Iran could reduce military tensions, 
impacting geopolitical stability and market dynamics.
The post Trump discusses new Iran proposal with national security aides 
appeared first on Crypto Briefing.

Trump discusses new Iran proposal with national security aides

The UN&#8217;s rejection of Iran&#8217;s toll plan underscores geopolitical tensions, 
potentially affecting global oil markets and maritime security dynamics.
The post UN maritime agency rejects Iran&#8217;s toll plan for Strait of Hormuz 
shipping appeared first on Crypto Briefing.

UN maritime agency rejects Iran’s toll plan for Strait of Hormuz shipping

Coinbase&#8217;s early support for MegaETH deposits suggests strong market 
confidence, potentially influencing future token launch strategies.
The post Coinbase supports MegaETH deposits ahead of April 30 token event 
appeared first on Crypto Briefing.

Coinbase supports MegaETH deposits ahead of April 30 token event

Market volatility highlights the sensitivity to potential Fed leadership 
changes, impacting investor confidence and economic stability.
The post Kevin Warsh clears Senate committee, markets react to potential Fed 
leadership change appeared first on Crypto Briefing.

Cryptocurrency price in KWD

Market Overview